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+--- Thread: Milton continues to laugh all the way to the bank (/showthread.php?tid=254604)
Milton continues to laugh all the way to the bank - sekker - 04-04-2021
$49M richer as of Wed, only publicly available 2 days later on a Fri of a holiday weekend.
Nikola is sure a great company and stock to own!
I honestly doubt they will EVER produce a single vehicle they designed.
How his securities are not in escow pending legal investigation of fraud, I have no idea.
https://www.ft.com/content/1989c5f9-eec1-49c8-8a75-e39205c04a3c
Re: Milton continues to laugh all the way to the bank - GGD - 04-04-2021
Become an FT subscriber to read:
Nikola founder sells shares for $49m
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Is there some more context than a headline and your thread subject?
Re: Milton continues to laugh all the way to the bank - NewtonMP2100 - 04-04-2021
......Milton....Bradley....???
Re: Milton continues to laugh all the way to the bank - sekker - 04-04-2021
Apologies, I guess I connected vis google news.
Milton is being investigated as having lied throughout that Nikola would be making new EV trucks etc.
And yet, he was allowed to sell another $49M of his shares.
Just a conman all around.
Ugh.
Re: Milton continues to laugh all the way to the bank - Thrift Store Scott - 04-04-2021
The company in question's website- https://nikolamotor.com
Re: Milton continues to laugh all the way to the bank - richorlin - 04-04-2021
Thrift Store Scott wrote:Well, they must have built at least two truck bodies to get those videos. Perhaps they were just gas-powered engines with a Nikola shell.
The company in question's website- https://nikolamotor.com
You would think there would be at least several people aware of that. Milton didn't build them himself in his backyard.
Re: Milton continues to laugh all the way to the bank - sekker - 04-04-2021
They’ve been caught showing videos of non-powered trucks moving ‘on their own’ by going down a gentle slope.
Very trustworthy company.